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Crypto World

Bitcoin News: Iran Integrates Bitcoin for Shipping Insurance: Sovereign Settlement Rail

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Bitcoin News: Iran has launched a Bitcoin-settled shipping insurance program called Hormuz Safe, developed under the Ministry of Economy and Financial Affairs, allowing vessel operators to pay premiums and receive claims entirely in BTC through a system that activates coverage immediately upon blockchain confirmation.

The program targets the Strait of Hormuz, the chokepoint handling roughly 20% of global seaborne crude, and represents the most structurally significant sovereign Bitcoin integration in the sanctions-evasion context to date.

The strategic implication is not incremental. Iran is not simply accepting Bitcoin for a single transaction, it is constructing a self-contained trade settlement loop that replaces SWIFT, USD-denominated premiums, and bank-backed claims processing in one move.

The unanswered question is whether any international shipping company will publicly use it, and whether that moment triggers OFAC secondary sanctions enforcement.

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Bitcoin News: How Hormuz Safe Actually Works, and Why the Insurance Mechanism Is the Real Story

The mechanism here is worth understanding precisely. Traditional maritime shipping insurance runs through Lloyd’s of London-style syndicates and P&I clubs, all of which operate on USD or major fiat rails with counterparty exposure to Western correspondent banks.

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For any vessel owner operating near Iran, that structure creates dual exposure: the physical risk of the transit and the financial risk of triggering bank-level secondary sanctions just by purchasing coverage.

Hormuz Safe eliminates the second exposure by settling entirely on-chain. When a shipping company pays the premium in Bitcoin, the system issues a signed digital receipt to the vessel owner, and coverage activates immediately after blockchain confirmation, no intermediary bank, no SWIFT message, no USD clearing.

The sanction resistance built into this model is not incidental; it is the product.

Bitcoin (BTC)
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Reports circulating across research desks indicate the Ministry of Economy had been developing the framework since late April 2026, and that initial coverage is focused on Iranian shipping companies and cargo owners before any broader rollout.

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That narrower scope matters, it means the first phase is less about onboarding international partners and more about proving the claims infrastructure works at a sovereign level before marketing sanction-resistant coverage to third-party operators.

The Kobeissi Letter has described the move as a deliberate effort to deepen crypto’s role in energy trade, while also flagging the obvious compliance risk for any non-Iranian entity that participates.

Source: TKL ON X

Those are not the same thing: using Bitcoin for domestic Iranian logistics and offering Bitcoin-settled insurance to international tankers transiting Hormuz carry categorically different OFAC exposure profiles.

The program’s initial domestic focus suggests Iran understands this distinction and is sequencing accordingly.

Iran’s government has framed Hormuz Safe as a potential $10 billion revenue source, though no official timeline has been attached to that figure.

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For Bitcoin’s market structure, this is a non-speculative demand source. Each premium payment is a real-economy BTC transaction tied to trade settlement, not a leveraged long or an ETF inflow.

As Bitcoin trades near two-week lows following a drop from $82,000 to $76,900, a 6% decline driven by ETF outflows and derivatives selling pressure, sovereign adoption events like this represent the floor-building utility thesis that long-term holders reference against short-term price weakness.

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The post Bitcoin News: Iran Integrates Bitcoin for Shipping Insurance: Sovereign Settlement Rail appeared first on Cryptonews.

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Trump orders government, Fed to review crypto firms' access to payment rails

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Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns


Donald Trump’s executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.

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Wego partners with Triple-A to accept stablecoin payments

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Crypto Breaking News

Wego integrates stablecoin payments through Triple-A partnership

Wego, the travel marketplace that says it is the leading travel app in the Middle East and North Africa, has added support for stablecoin payments via a partnership with payments firm Triple-A. The move lets customers complete bookings with supported stablecoins while Wego receives settlement in local fiat currencies, a setup that aims to bridge consumer demand for crypto payment options with merchant needs for predictable settlement.

The integration reflects growing interest among travel platforms in digital-asset rails for cross-border payments, where card declines, interchange fees, and foreign-exchange frictions can undermine booking completion. Wego said the new option will be available for flight and other travel bookings, with the payments conversion, compliance checks and custody handled by Triple-A.

How the flow works and what it changes

Under the arrangement, a traveler pays in a supported stablecoin at checkout. Triple-A processes the incoming digital-asset payment, runs the necessary anti-money laundering and know-your-customer checks, converts the stablecoins, and settles the merchant in traditional local currencies. From the merchant perspective, the integration preserves Wego’s existing settlement structure while adding an alternative payment rail for customers.

Triple-A positions itself as a licensed global payment institution with registrations and licenses across jurisdictions, including the United States, Singapore, and European oversight, and it says it supports more than 1,000 enterprise customers and reaches roughly 700 million digital currency owners. Those institutional capabilities are central to the value proposition: merchants gain access to crypto-native demand without taking on custody or foreign-exchange exposure.

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Market context: why travel is an early use case

Travel is an inherently cross-border industry, making it a natural candidate for alternative payment rails. Card declines are more common for international transactions, and many consumers in regions with limited card penetration prefer nontraditional payment methods. Stablecoins, which are designed to maintain a peg to a fiat reference, reduce the volatility issues that otherwise complicate merchant acceptance of cryptocurrencies.

Payments providers and travel platforms have been experimenting with crypto rails for several years, ranging from direct acceptance to tokenized loyalty and payment orchestration. Wego’s approach follows a broader trend of using intermediaries to convert crypto payments into fiat before settlement, a model that reduces operational complexity for travel sellers while tapping crypto demand.

Implications for bookings, merchants and consumers

One immediate operational aim of the integration is to improve booking completion rates in markets where card acceptance is constrained or where international transactions have elevated decline rates. By offering a native crypto checkout, travel platforms may reduce friction for customers who already hold stablecoins and prefer to use them for everyday purchases.

For merchants, the key advantage is access to new payment demand without assuming custody or FX risk. Third-party processors like Triple-A handle conversion and compliance, which can shorten the path to offering crypto payment options while maintaining existing back-office processes.

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However, wider adoption depends on consumer education, merchant economics, and regulatory clarity. Travel platforms will need to assess the incremental cost of accepting crypto-derived payments versus other digital rails and the potential lift in conversions.

Regulatory and compliance considerations

Payments that originate in digital assets remain subject to evolving regulation. Triple-A emphasizes compliance through AML and KYC controls and its cross-jurisdictional registrations. That compliance layer is crucial for travel companies that operate across multiple countries and for regulators scrutinizing stablecoin flows.

Policymakers in several regions are increasingly focused on stablecoins, covering issues such as reserve backing, consumer protections, and cross-border settlement. Travel companies integrating these payment options must monitor regulatory developments and ensure their partners maintain transparent custody and conversion practices.

Outlook

Wego’s partnership with Triple-A illustrates how travel companies are experimenting with crypto payments while limiting exposure to volatility and custody complexity. If the integration improves conversions in target markets, it could encourage other travel platforms to pursue similar arrangements. At the same time, broader merchant acceptance will hinge on clear economics, consumer demand, and a stable regulatory environment for stablecoins.

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As the travel sector continues to globalize its payment stack, intermediaries that can combine compliance, liquidity and local settlement may play an increasingly important role in connecting crypto-native customers with traditional merchants.

Disclosure: This article is based on statements and data provided by the companies involved. Quotes attributed to Wego and Triple-A were included in their public announcement.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Former BNY exec launches NUVA, bets tokenization will remake Wall Street

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Former BNY exec launches NUVA, bets tokenization will remake Wall Street


NUVA launched this week with nearly $19 billion in tokenized real-world assets from Figure Technologies, aiming to bring regulated U.S. yield products into DeFi.

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Bitcoin Traders Target $68K As Key Support Zone: Here’s Why

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Bitcoin Traders Target $68K As Key Support Zone: Here's Why

Bitcoin (BTC) traders have shifted their focus lower after futures and order book data point to strong buyer interest in the $68,000-$70,000 zone.

Sell pressure has increased in the derivatives markets and the daily bid-ask ratio fell to -0.03, showing sellers are currently more aggressive than buyers as traders position around liquidation levels.

Bitcoin buyers cluster near $68,000

The visible range volume profile (VRVP) indicator shows the $68,000-$70,000 region as the most densely traded zone on the chart since November 2025. High trading activity in that price range suggests most positions were opened near those levels over the past few months.

The order book data also shows a bid-ask ratio of -0.03, with the metric remaining in negative territory for most of the past month as sell-side activity continued to outweigh aggressive buying pressure. 

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BTC/USDT price, bid-ask ratio and VPVR profile. Source: Hyblock

Liquidation data adds another pressure point. The heatmap shows more than $3.4 billion in cumulative long positions exposed near $74,700. The figure rises toward $11 billion if Bitcoin falls to $70,000 across the 90-day liquidation range.

Taken together, the positioning data suggests traders are prioritizing deeper liquidity pools rather than chasing higher prices above $80,000.

Bitcoin exchange liquidation map. Source: CoinGlass

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Related: Bitcoin price stays under $77K as US bond yields near 20-year highs

BTC retail longs are crowded

Crypto analytics platform Hyblock noted Bitcoin retail traders are again leaning heavily bullish as its “True Retail Accounts” long percentage metric climbed above 60%. The indicator tracks the share of retail futures accounts holding long positions.

BTC/USDT, one-day chart. Source: Hyblock/X

Previous spikes into the platform’s “extreme long” zone aligned with short-term local tops during rallies toward the $78,000-$82,000 range in early May. The price momentum later cooled after retail positioning became too crowded.

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Hyblock explained that the strongest recovery points appeared when retail traders turned aggressively bearish. Several periods when fewer than 35% of retail accounts held long positions emerged near Bitcoin’s lows in March and April, before BTC rebounded from the mid-$60,000 range.

Hyblock combines the retail positioning metric with a 14-period relative strength index (RSI) reading to identify sentiment extremes for BTC.

The latest reading shows the TRA Long (%) near 60.7%, while the RSI stayed elevated at 74.9, suggesting retail traders are still positioned for prices near $76,000. This could lead to deeper correction if BTC follows its previous market behavior. 

Related: Bitcoin miner Canaan posts $88.7M net loss in Q1 amid BTC decline

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Bitcoin Miners Gain Strategic Role in AI Infrastructure

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Bitcoin Miners Gain Strategic Role in AI Infrastructure

Bitcoin miners are emerging as an important part of the AI infrastructure supply chain because they control large amounts of power capacity and data center real estate that are increasingly difficult to secure, according to a new research note from Bernstein.

Analysts Gautam Chhugani, Mahika Sapra, Sanskar Chindalia and Harsh Misra estimate that publicly traded Bitcoin miners control more than 27 gigawatts of planned power capacity and have announced more than $90 billion in AI-related agreements covering 3.7 gigawatts with hyperscalers, neocloud providers and chipmakers.

An April 29 research brief from RAND said that it expects the US will add approximately 82 GW of additional net available capacity by 2030.

The planned power portfolio of 11 public Bitcoin mining companies. Source: Bernstein

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According to Bernstein, access to electricity, rather than chips, has become the primary bottleneck for scaling AI data centers. Utility providers can take more than four years to approve new grid connections, even in data center-friendly states such as Texas.

“The median waiting time to secure a GW of power is nothing less than ~50 months across states, and even in politically friendly states such as Texas, the utility is following a batch review process to navigate the interconnect queue and resource load,” the analysts wrote.

Growing regulatory scrutiny and local opposition to large-scale data centers are adding to those delays, giving Bitcoin miners an advantage because they already operate grid-connected sites and have experience managing high-density computing facilities.

Related: The real ‘supercycle’ isn’t crypto, it’s AI infrastructure: Analyst

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A shift in miner economics

Bernstein said Bitcoin miners are increasingly diversifying into AI infrastructure as they look for new revenue streams following the 2024 halving, which reduced mining rewards and put pressure on profit margins.

The report said several miners have moved beyond their traditional focus on Bitcoin production to develop AI data centers and high-performance computing facilities.

One recent example is Soluna Holdings, which reported a 58% increase in first-quarter revenue, driven primarily by its data center hosting business, while crypto mining contributed a smaller share of total sales.

Bernstein has also highlighted IREN as a leading example of the shift. The firm said IREN is well-positioned to transition much of its business toward AI infrastructure following its multibillion-dollar agreements with Microsoft.

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IREN’s partnership with Microsoft could fundamentally change its business model, according to Bernstein. Source: Bernstein

Related: CoreWeave’s $8.5B loan shows how AI is replacing crypto mining finance

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‘What's happening at the EF?’ Ethereum community looking for answers after high-profile departures

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‘What's happening at the EF?’ Ethereum community looking for answers after high-profile departures


A wave of recent high-profile departures at the Ethereum Foundation has reignited longstanding questions from community members about what is going on inside the organization.

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Cardano Price Prediction Stuck 92% Below Peak as Whales Stack Record Holdings, While Pepeto Crosses $10 Million With 150x Profit Math

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Cardano Price Prediction Stuck 92% Below Peak as Whales Stack Record Holdings, While Pepeto Crosses $10 Million With 150x Profit Math

ADA whale wallets now hold 25.09 billion tokens, 67% of the total supply and the highest share since 2020, yet Cardano still trades 92% below its all-time high.

The Cardano price prediction has turned into a waiting game where the biggest holders keep buying a token that has not paid them back in years, and Pepeto offers very different math with more than $10 million raised and a Binance listing that has not reset the price yet.

ADA Whales Hit Record Levels as SuperTrend Flips to Buy

Wallets holding at least one million ADA now control 25.09 billion tokens according to CoinDesk, the highest whale share since 2020. The buying has been running since December 2023, even as ADA lost 71% of its value over nine months, which means the biggest holders kept adding while everyone else sold.

On May 14 the SuperTrend flipped to a buy signal for the first time since September 2025 according to Coinpedia.

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The Cardano price prediction now has a fresh chart signal, but ADA at $0.25 still needs a full market rally to move in any real way.

Pepeto and ADA: Whale Buying Meets Presale Opportunity

Pepeto

While ADA whales keep buying through a crash with no clear end, Pepeto is building a trading platform at a price so low that the listing alone could give profits Cardano cannot match in years, and the person who created the original Pepe coin leads the team alongside a former Binance expert who knows exchange systems from the inside.

The bridge moves tokens between Ethereum, BNB Chain, and Solana with zero fees while the risk scorer checks every token contract before money goes in, so traders entering this presale get both free cross chain access and safety tools that protect their capital before they trade.

SolidProof checked every contract before the first dollar came in, and that safe base is one reason more than $10 million has flowed in at $0.0000001871 during a time when most tokens lost value. Staking at 172% APY grows holdings every day while the Binance listing gets closer, and analysts say 100x to 300x profit could come from the listing alone because the moment trading starts the presale price is gone and a new higher price takes its place.

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The Cardano price prediction debate is about whether ADA can get back to $1 from $0.25, a 4x that takes years, but Pepeto with the same 420 trillion supply that took the original Pepe coin to $11 billion now has a working platform behind it. The wallets that bought today hold the price that late buyers will wish they had for the rest of this cycle, and every day that passes without buying is one day closer to that price being gone forever.

ADA Forecast: Whale Buying Meets Price Resistance at $0.25

The Cardano price prediction for 2026 stays careful as ADA trades near $0.25 according to CoinMarketCap. Cryptopolitan sees a peak of $1.33, while Changelly puts ADA between $0.27 and $0.37 through December.

CoinCodex stays negative, saying ADA may not get back above $1.24. ADA sits 92% below its $3.10 all-time high from September 2021 and fell from $0.44 in January even with whales buying. Even reaching $1.33 is a 5.3x from $0.25, a gain that needs a full bull run.

The Cardano price prediction math shows waiting that pays off over years, while a presale before a Binance listing could give that kind of return in weeks.

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Conclusion

Every Cardano price prediction and large coin recovery story comes down to the same thing: time. ADA needs months or years before the profit shows up, and even the best forecast puts the top at $1.33, a 5.3x that needs a full market recovery to happen. Pepeto sits in a completely different spot as a working platform presale with a Binance listing ahead and no price ceiling set.

The cofounder proved the math once when the original Pepe coin hit $11 billion with zero products and 420 trillion supply, and reaching that level from the Pepeto presale is 150x, this time with a working exchange, a SolidProof audit, and 172% APY staking growing positions every day.

The entry at $0.0000001871 does not exist once the listing gives every token a new price, and $10 million from wallets that already made their choice sits in the presale right now. The Pepeto official website shows the numbers for anyone ready to move before the listing closes this window for good.

Click To Visit Pepeto Website To Enter The Presale

FAQs

What is the Cardano price prediction for 2026?

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The Cardano price prediction targets $0.27 to $1.33, but ADA at $0.25 sits 92% below its $3.10 peak and needs a full bull cycle before real profits show up.

Is Pepeto a better buy than Cardano right now?

Pepeto is the stronger early entry because it raised $10 million at $0.0000001871 with a Binance listing ahead and 150x profit potential the Cardano timeline cannot offer.


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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The SEC wants to let newly public companies raise cash instantly in its biggest rule change in decades

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The SEC wants to let newly public companies raise cash instantly in its biggest rule change in decades


The agency is proposing its largest overhaul of public listing rules in over 20 years, cutting compliance costs and giving crypto firms a much easier path to raise cash on Wall Street.

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XRP Alliance debuts Flare and D’CENT vaults

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XRP Ledger faces test as tokenized Treasuries sit idle on XRPL

The XRP Alliance launched on May 19, linking D’CENT’s 720,000 hardware wallet users to XRP yield vaults via Flare Smart Accounts.

Summary

  • D’CENT Wallet and Flare launched the XRP Alliance on May 19, allowing XRP holders to deposit directly into yield vaults from hardware devices using two signatures on the XRP Ledger.
  • Two vaults are available at launch: the Monarq XRP Yield Vault targeting 3% to 4% annually through options trading and basis arbitrage, and the Clearstar earnXRP vault for on-chain yield.
  • The integration requires no new chain, wallet, or gas token and carries a 0% platform fee for D’CENT users through the Flare campaign running from May 19 to June 8.

D’CENT Wallet and Flare Network announced the XRP Alliance on May 19, a coalition that connects D’CENT’s estimated 720,000 hardware wallet users directly to XRP-denominated yield vaults without requiring a new chain, separate wallet, or gas token.

XRP holders can deposit into vaults directly from the D’CENT app using two signatures on the XRP Ledger, with Flare Smart Accounts minting FXRP and depositing it into the selected vault in a single flow.

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Two vaults are available at launch. The Monarq XRP Yield Vault (MXRPY), managed by Monarq Asset Management on Upshift infrastructure, targets 3% to 4% annually through options trading, basis and funding-rate arbitrage, and on-chain XRPFi strategies.

The earnXRP vault, curated by Clearstar, offers the first fully on-chain yield product denominated in XRP, with returns automatically compounded. “Through our partnership with Flare, we are happy to provide the best and easiest way to deposit and manage XRP in the Monarq Yield Vault with top-tier hardware security,” D’CENT said in its campaign announcement.

XRP Alliance brings yield infrastructure to hardware wallets

The alliance also includes Doppler, Banxa, and Squid alongside D’CENT and Flare, with the stated objective of building distribution and interoperability across the XRP ecosystem.

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As crypto.news reported in February, Flare expanded modular lending for XRP via Morpho and Mystic earlier in 2026, establishing the vault infrastructure that the D’CENT integration now makes accessible to hardware wallet holders for the first time.

For most of XRP’s history, holders have had limited ways to put the asset to work in programmable finance. As crypto.news documented, XRP ETF products pulled in $81.63 million in net inflows in April 2026, the best month of the year, reflecting growing institutional demand for XRP exposure.

The D’CENT integration extends that institutional-grade infrastructure toward the self-custody retail and semi-institutional holder base, which stores an estimated billions of XRP in hardware devices.

What the 0% fee campaign means for XRP yield adoption

D’CENT is offering a 0% platform fee through June 8, meaning users pay only Flare’s standard base fees. The firm noted that most other platforms charge an additional platform fee on vault deposits.

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The Monarq vault carries an initial deposit cap of 500,000 FXRP, with both vaults accessible to non-D’CENT users through the Upshift platform. The XRP price page at crypto.news tracks the live market conditions that affect vault returns, given that yields vary with XRP price movements and strategy performance.

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NEAR price climbs amid 32% volume spike: what’s the near-term outlook?

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NEAR price climbs amid 32% volume spike: what’s the near-term outlook?
  • NEAR price surged to $1.66 amid a notable volume spike.
  • AI tokens bounced sharply, including Injective, Theta Network, and Akash Network.
  • The near-term outlook for NEAR suggests a retest of $2 if momentum holds.

NEAR Protocol (NEAR) has traded higher in the past 24 hours as bulls eye near-term gains.

The uptick for the artificial intelligence-related token aligned with a broader AI tokens surge on Tuesday, with NEAR seeing a notable rise in trading activity.

NEAR price gains amid 32% spike in daily volume

NEAR is trading at $1.62, up about 7% over the past 24 hours and roughly 4% higher on the weekly chart despite Monday’s brief plunge beneath $1.50.

The price appreciation coincides with a 32% surge in daily volume, with intraday action putting the metric at $295 million as of writing.

NEAR Price Chart
NEAR price chart by CoinMarketCap

Notably, that spike in activity has allowed NEAR to outpace many peers as the broader market navigates renewed downside pressure.

Likely, rotation into projects tied to on-chain compute and decentralized application ecosystems is driving the uptick.

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The bounce in AI-related tokens provided additional strength to Injective, Theta Network, and Akash, each of which delivered gains of more than 5% in the past 24 hours.

Render also showed signs of eyeing a retest of a critical resistance level.

Crypto AI is trading up ahead of Nvidia’s first-quarter earnings results.

The industry heavyweight will report on May 20, and tokens across crypto are up amid broader anticipation.

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Nvidia’s CEO Jensen Huang recently traveled to China with President Trump, with the US president meeting Chinese President Xi Jinping in a key summit.

NEAR price prediction

Technical indicators suggest a short-term bullish bias for NEAR.

On the daily chart, price action is forming what appears to be a cup-and-handle pattern.

This is a consolidation structure that often precedes continuation to the upside if the handle resolves on renewed volume.

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NEAR also currently trades above major moving averages, an arrangement that typically favors buyers. But that’s not all.

Momentum metrics bolster the constructive outlook, with the average directional index (ADX) on the daily frame pointing to a strengthening trend.

Elsewhere, the relative strength index (RSI) sits near 64, indicating momentum with room for further appreciation before reaching overbought territory.

The Awesome Oscillator and MACD indicators both show bullish readings that align with a buying opportunity in the near term.

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Price targets and risk levels

If bullish conditions persist, NEAR could extend above the $1.70 level.

Near-term upside targets would be in the $2.00 to $2.50 range, should volume maintain its recent lift and the cup-and-handle pattern get validated.

On the flipside, the initial support band lies around $1.50. The region marks a key consolidation zone, below which could be $1.20.

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